PDC Energy (PDC Energy) Interest Expense : $-68 Mil (TTM As of Jun. 2023)

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What is PDC Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PDC Energy's interest expense for the three months ended in Jun. 2023 was $ -19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-68 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. PDC Energy's Operating Income for the three months ended in Jun. 2023 was $ 408 Mil. PDC Energy's Interest Expense for the three months ended in Jun. 2023 was $ -19 Mil. PDC Energy's Interest Coverage for the quarter that ended in Jun. 2023 was 21.15. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

PDC Energy Interest Expense Historical Data

The historical data trend for PDC Energy's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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PDC Energy Interest Expense Chart

PDC Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-70.32

-71.10

-88.68

-82.70

-64.73

PDC Energy Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Interest Expense	Get a 7-Day Free Trial															-17.57	-18.63	-15.60	-14.71	-19.28

PDC Energy Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-68 Mil.

PDC Energy (NAS:PDCE) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

PDC Energy's Interest Expense for the three months ended in Jun. 2023 was $-19 Mil. Its Operating Income for the three months ended in Jun. 2023 was $408 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $1,571 Mil.

PDC Energy's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	407.778	/	-19.278
	=	21.15

The higher the ratio, the stronger the company's financial strength is.

PDC Energy (PDC Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PDC Energy Inc (NAS:PDCE) » Definitions » Interest Expense

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Address

1775 Sherman Street, Suite 3000, Denver, CO, USA, 80203

Website

http://www.pdce.com

PDC Energy Inc is a domestic independent exploration and production company that acquires, explores and develops properties for the production of crude oil, natural gas and NGLs, with operations in the Wattenberg Field in Colorado and the Delaware Basin in west Texas. Company's operations in the Wattenberg Field are focused in the horizontal Niobrara and Codell plays and Delaware Basin operations are focused in the horizontal Wolfcamp zones.

Executives

Sandra E. Jacoby	officer: SVP, Corporate Administration	1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203
Pamela R Butcher	director	P. O. BOX 116, ELK RAPIDS MI 49629
Carlos A. Sabater	director	1140 ALFONSO AVENUE, CORAL GABLES FL 33146
Diana L Sands	director	100 N RIVERSIDE PLAZA, M/C 5003-1001, CHICAGO IL 60606
Troy M. Welling	officer: SVP, Operations	1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203
Lynn A Peterson	director	1625 BROADWAY, SUITE 250, DENVER CO 80202
Paul Korus	director	C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Nicole L Martinet	officer: SVP, General Counsel & Sec.	1775 SHERMAN ST, STE 3000, DENVER CO 80203
David Lillo	officer: SVP, Operations	C/O BONANZA CREEK ENERGY, INC., 410 17TH STREET, SUITE 1400, DENVER CO 80202
R Scott Meyers	officer: CAO	120 GENESIS BLVD., BRIDGEPORT WV 26330
Brookman Barton R Jr	officer: Sr. VP Exploratio & Production	1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203
Lance Lauck	officer: Sr. VP, Corp Development	1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203
David C Parke	director	C/O PETROLEUM DEVELOPMENT CORP, 1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203
Anthony J Crisafio	director	1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203
Jeffrey C Swoveland	director	C/O PETROLEUM DEVELOPMENT CORP, 1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203